Sunday, August 24, 2025

๐Ÿฆ “Billions Kept at Home: Iraq’s Banking Confidence Crisis” ๐Ÿ’ธ

 ๐Ÿฆ “Billions Kept at Home: Iraq’s Banking Confidence Crisis” ๐Ÿ’ธ

๐Ÿ—“️ Al Furat News – August 23, 2025


๐Ÿ” Key Highlights:

๐Ÿ’ฐ 80% of Iraqis Keep Cash at Home
Economic expert Nabil Al-Marsoumi reveals that up to 80% of the nation’s liquid money never enters the banking system — it stays in homes and private vaults.

๐Ÿ˜Ÿ Why? A Crisis of Confidence

  • Recent failures of 10 banks to return citizens' deposits

  • Previous incidents created a pattern of mistrust

  • Citizens fear they may never see their money again

๐Ÿ“‘  Banking Red Tape Making Things Worse

  • Banks delay full withdrawals, forcing partial payments

  • Clients face bureaucratic obstacles

  • Merchants and contractors avoid depositing due to these hassles

๐Ÿค Call for Urgent Reform
Al-Marsoumi warns that unless banks improve public interaction and simplify procedures, the financial system will remain undermined by distrust Confirmed on Live TV – Announced Exchange Rate: $6.02! – Take Advantage!๐Ÿ”Š.


⚠️ Why It Matters for RV Watchers:

✔️ Confidence drives currency strength.
✔️ A weak banking system = barrier to revaluation rollout.
✔️ Iraq must restore trust to integrate more cash into formal systems and support IQD internationalization.

This isn’t just about economics — it’s about public belief in the system.


๐Ÿ”— For Daily RV Intel & Faith-Based Updates

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MNT GOAT: ⚠️ Iraqi Dinar Update: FACTS Only – No RV Yet, But Big Changes Are Coming! ๐Ÿ’ธ๐Ÿ‡ฎ๐Ÿ‡ถ #iqd

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